Titoli di Stato area Euro GRECIA Operativo titoli di stato - Cap. 1
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tommy271
Forumer storico
Certamente fa piacere che la Merkel lo ripeta in vista del Summit di domani.
Ma non è la prima volta che lo dice.
Schaeuble, ad esempio, è sempre stato più deciso.
Ad ogni modo, gli spread sono rimasti stabili.
tommy271
Forumer storico
Merkel: Greece Needs More Than Three Years
German Chancellor Angela Merkel has pleaded for an extension of Greek debt maturities.
"Greece has to cope with the consequences of its grave errors in financial policies”, Merkel said in an interview to be published by German newspaper Bild.
“You can΄t do that in three years", as Greece’s bailout program is scheduled to run out in 2013.
However, Merkel repeated her opposition to a restructuring of Greek debt, as "no instruments" for that were available.
Further aid for euro-zone countries needs to be linked to strict conditions and that Germany will veto future bailouts if prerequisites for aid aren΄t given, Merkel concluded.
(capital.gr)
***
Eventualmente la novità, se così possiamo chiamarla, è l'ammissione che non esiste uno strumento giuridico su cui intervenire sui nostri titoli.
Ma anche questo, per i pessimisti, è palese: anche il default non è strumento ...
German Chancellor Angela Merkel has pleaded for an extension of Greek debt maturities.
"Greece has to cope with the consequences of its grave errors in financial policies”, Merkel said in an interview to be published by German newspaper Bild.
“You can΄t do that in three years", as Greece’s bailout program is scheduled to run out in 2013.
However, Merkel repeated her opposition to a restructuring of Greek debt, as "no instruments" for that were available.
Further aid for euro-zone countries needs to be linked to strict conditions and that Germany will veto future bailouts if prerequisites for aid aren΄t given, Merkel concluded.
(capital.gr)
***
Eventualmente la novità, se così possiamo chiamarla, è l'ammissione che non esiste uno strumento giuridico su cui intervenire sui nostri titoli.
Ma anche questo, per i pessimisti, è palese: anche il default non è strumento ...
Ultima modifica:
amorgos34
CHIAGNI & FOTTI SRL
Basta fare una semplice ricerca su Google (o altro) digitando "Merkel ristrutturazione" e vedere quante volte è stato detto...
tommy271
Forumer storico
Merkel favours extending Greek debt deadline: report
German Chancellor Angela Merkel wants to give Greece more time to pay back billions of euros (dollars) in loans from the European Union and International Monetary Fund, the Bild daily said Thursday.
The three-year joint EU/IMF loan, extended to debt-wracked Greece last May, was worth some 110 billion euros ($152 billion).
Athens has two years from the expiry of the loan -- until the end of 2015 -- to repay the debts but Merkel said Athens needed more time to get its fiscal house in order.
"Greece has to deal with the consequences of its serious fiscal policy mistakes. You cannot do that in just three years," said Merkel in a Bild interview to be published Friday, extracts of which were released in advance.
"If we insisted on that, it would create more turbulence," said the chancellor.
However, she rejected a restructuring of Greek debt, according to the paper, saying there were "currently no instruments" to do that.
After 2013, private investors should be involved in any restructuring, she reiterated.
Merkel's reported comments came on the eve of a crunch meeting at which eurozone leaders were due to thrash out the details of a bailout fund to be set up from 2013 to deal with any potential future crises like that seen in Greece.
Such future bailouts would take place "only in an emergency and under strict conditions," said Merkel, adding that loans also had to be repaid.
"Such loans can only be agreed unanimously. Germany can use its veto and I will use it if the preconditions for aid are not in place," Merkel warned.
***
La "France Presse" riporta più compiutamente le affermazioni della Merkel.
Le novità rimane quella che vi dicevo :"al momento non si hanno strumenti ...", mentre insiste che a partire dal 2013 i bondisti devono essere coinvolti nelle operazioni di ristrutturazione.
German Chancellor Angela Merkel wants to give Greece more time to pay back billions of euros (dollars) in loans from the European Union and International Monetary Fund, the Bild daily said Thursday.
The three-year joint EU/IMF loan, extended to debt-wracked Greece last May, was worth some 110 billion euros ($152 billion).
Athens has two years from the expiry of the loan -- until the end of 2015 -- to repay the debts but Merkel said Athens needed more time to get its fiscal house in order.
"Greece has to deal with the consequences of its serious fiscal policy mistakes. You cannot do that in just three years," said Merkel in a Bild interview to be published Friday, extracts of which were released in advance.
"If we insisted on that, it would create more turbulence," said the chancellor.
However, she rejected a restructuring of Greek debt, according to the paper, saying there were "currently no instruments" to do that.
After 2013, private investors should be involved in any restructuring, she reiterated.
Merkel's reported comments came on the eve of a crunch meeting at which eurozone leaders were due to thrash out the details of a bailout fund to be set up from 2013 to deal with any potential future crises like that seen in Greece.
Such future bailouts would take place "only in an emergency and under strict conditions," said Merkel, adding that loans also had to be repaid.
"Such loans can only be agreed unanimously. Germany can use its veto and I will use it if the preconditions for aid are not in place," Merkel warned.
***
La "France Presse" riporta più compiutamente le affermazioni della Merkel.
Le novità rimane quella che vi dicevo :"al momento non si hanno strumenti ...", mentre insiste che a partire dal 2013 i bondisti devono essere coinvolti nelle operazioni di ristrutturazione.
tommy271
Forumer storico
ASE Posts Minor Profits Ahead Of EU Summit
Greek market maintained a wait-and-see stance on Thursday, ahead of tomorrow’s European Summit in Brussels.
In a weak trading session, the General Index ended with minor profits, while the performance of PPC stood out across FTSE20, in the wake of the new Environment Ministry law bill that grants a stake of up to 49% of electricity transmission network to private companies.
Analysts note that the continuance of the short-term downward momentum depends on the resolutions of the Extraordinary European Summit. They comment that a disappointing outcome could drag the General Index even lower.
However, a positive development or encouraging news for the next Summit late March, could lead the market to an upward reaction.
In any case, Greek market is undergoing a period of risk avoidance and reduced participation by investors that triggers volatility.
"There is a high level of uncertainty over EU political developments so there is no firm direction and only range bound volatile trading," Panagiotis Kladis, senior analyst at National Securities told Dow Jones Newswires.
"On Wednesday the market made up some of the steep losses post the Moody΄s sovereign downgrade, so now all eyes are on Friday΄s euro-zone summit for indications of a comprehensive solution the periphery debt crisis," he added.
Across the board, the General Index ended at 1544.88 points, up 0.25% after a fluctuation in a margin of 25 units or 1.62%. Approximately 26.77mn units worth EUR 75.08mn were traded on Thursday. A total amount of 70 shares rose, 86 declined and 128 remained unchanged.
Banks moved in an intensively fluctuating mood, recovering from early losses of 2.22%. Bank of Cyprus and Hellenic Postbank stood out, with gains of 2.67% and 2.19% respectively, while Eurobank, Marfin Popular Bank and National Bank followed, gaining 1.56%, 1.15% and 0.48% respectively.
(capital.gr)
***
Commenti alla chiusura della Borsa di Atene.
Greek market maintained a wait-and-see stance on Thursday, ahead of tomorrow’s European Summit in Brussels.
In a weak trading session, the General Index ended with minor profits, while the performance of PPC stood out across FTSE20, in the wake of the new Environment Ministry law bill that grants a stake of up to 49% of electricity transmission network to private companies.
Analysts note that the continuance of the short-term downward momentum depends on the resolutions of the Extraordinary European Summit. They comment that a disappointing outcome could drag the General Index even lower.
However, a positive development or encouraging news for the next Summit late March, could lead the market to an upward reaction.
In any case, Greek market is undergoing a period of risk avoidance and reduced participation by investors that triggers volatility.
"There is a high level of uncertainty over EU political developments so there is no firm direction and only range bound volatile trading," Panagiotis Kladis, senior analyst at National Securities told Dow Jones Newswires.
"On Wednesday the market made up some of the steep losses post the Moody΄s sovereign downgrade, so now all eyes are on Friday΄s euro-zone summit for indications of a comprehensive solution the periphery debt crisis," he added.
Across the board, the General Index ended at 1544.88 points, up 0.25% after a fluctuation in a margin of 25 units or 1.62%. Approximately 26.77mn units worth EUR 75.08mn were traded on Thursday. A total amount of 70 shares rose, 86 declined and 128 remained unchanged.
Banks moved in an intensively fluctuating mood, recovering from early losses of 2.22%. Bank of Cyprus and Hellenic Postbank stood out, with gains of 2.67% and 2.19% respectively, while Eurobank, Marfin Popular Bank and National Bank followed, gaining 1.56%, 1.15% and 0.48% respectively.
(capital.gr)
***
Commenti alla chiusura della Borsa di Atene.
tommy271
Forumer storico
Merkel gives Greece more time
Chancellor admits that mistakes can’t be mended in three years; Papaconstantinou wants EU to reform how ratings agencies work
Germany’s Angela Merkel wants Greece to be given more than three years to sort out its public finances, the chancellor said in a plea for the repayment terms of its bailout to be extended.
”Greece has to cope with the consequences of its grave errors in financial policies. You can’t do that in three years,” Merkel is quoted as saying in the preliminary version of a report to be published in German newspaper Bild Friday.
A 110 billion euro European Union-International Monetary Fund bailout program for Greece set up in May last year is scheduled to run out in 2013.
Merkel also rejected a restructuring of Greek debt, telling the newspaper that ”no instruments” for that were available.
The German Chancellor also said further aid for euro-zone countries needs to be linked to strict conditions and that Germany will veto future bailouts if prerequisites for aid aren’t given.
Any future bailout also needs to be decided upon by all euro-zone countries, Merkel added.
Euro-zone government leaders meet in Brussels today to debate stricter rules on budget discipline, a strengthening of a temporary fund to bailout troubled euro-zone members, and details for a future permanent rescue fund.
Meanwhile, Greek Finance Minister Giorgos Papaconstantinou has asked the EU to urgently reform the way ratings agencies are allowed to operate after what he called ”unbalanced and unjustified” downgrades of Greece and other struggling European economies.
Papaconstantinou wrote in a letter on Thursday that a ratings cut of Greek debt by Moody’s this week risked creating damaging “self-fulfilling prophesies.”
On Monday, Moody’s downgraded Greece’s debt grade further below junk status, slashing its rating by three notches to B1 from Ba1. The agency also slashed Spain’s rating on Thursday, by one notch to Aa2.
On Wednesday, ten members of Parliament from Greece’s ruling Socialist party signed a petition urging the government to take legal action against Moody’s, claiming the agency had deliberately intended to weaken the country’s negotiating position ahead of this week’s European Union meeting.
ekathimerini.com , Thursday March 10, 2011 (18:12)
***
Il commento del quotidiano ateniese "Kathimerini".
Chancellor admits that mistakes can’t be mended in three years; Papaconstantinou wants EU to reform how ratings agencies work
”Greece has to cope with the consequences of its grave errors in financial policies. You can’t do that in three years,” Merkel is quoted as saying in the preliminary version of a report to be published in German newspaper Bild Friday.
A 110 billion euro European Union-International Monetary Fund bailout program for Greece set up in May last year is scheduled to run out in 2013.
Merkel also rejected a restructuring of Greek debt, telling the newspaper that ”no instruments” for that were available.
The German Chancellor also said further aid for euro-zone countries needs to be linked to strict conditions and that Germany will veto future bailouts if prerequisites for aid aren’t given.
Any future bailout also needs to be decided upon by all euro-zone countries, Merkel added.
Euro-zone government leaders meet in Brussels today to debate stricter rules on budget discipline, a strengthening of a temporary fund to bailout troubled euro-zone members, and details for a future permanent rescue fund.
Meanwhile, Greek Finance Minister Giorgos Papaconstantinou has asked the EU to urgently reform the way ratings agencies are allowed to operate after what he called ”unbalanced and unjustified” downgrades of Greece and other struggling European economies.
Papaconstantinou wrote in a letter on Thursday that a ratings cut of Greek debt by Moody’s this week risked creating damaging “self-fulfilling prophesies.”
On Monday, Moody’s downgraded Greece’s debt grade further below junk status, slashing its rating by three notches to B1 from Ba1. The agency also slashed Spain’s rating on Thursday, by one notch to Aa2.
On Wednesday, ten members of Parliament from Greece’s ruling Socialist party signed a petition urging the government to take legal action against Moody’s, claiming the agency had deliberately intended to weaken the country’s negotiating position ahead of this week’s European Union meeting.
ekathimerini.com , Thursday March 10, 2011 (18:12)
***
Il commento del quotidiano ateniese "Kathimerini".
Ultima modifica:
dierre
Forumer storico
ho appena fatto una ricerca molto veloce su Google, e sono apparse diverse pagine:
CRISI MERKEL RISTRUTTURAZIONE DEBITO SOLO SU BOND EMESSI DOPO 2013 ...
comunque ricordavo che nessun politico avesse mai parlato di ristrutturazione, almeno fin'ora.
Ma sono anche d'accordo con te sul non farsi prendere da facili entusiasmi per il momento,magari più avanti... almeno questo è il mio auspicio.
Yunus80
Del PIG non si butta nulla
Ragazzi... la situazione è delicata, per cortesia cerchiamo di rimanere focalizzati sul pezzo ed evitare toni da stadio 
Come giustamente alcuni fanno notare, di certezze in questa vicenda non ce ne sono, e non ce ne saranno fin quando qualcosa non verrà scritto nero su bianco.
E soprattutto, i politici sono maestri nell'arte di cambiare idea.
Per cui, come al solito, adelante, Pedro, sed cum judicio...
Come giustamente alcuni fanno notare, di certezze in questa vicenda non ce ne sono, e non ce ne saranno fin quando qualcosa non verrà scritto nero su bianco.
E soprattutto, i politici sono maestri nell'arte di cambiare idea.
Per cui, come al solito, adelante, Pedro, sed cum judicio...
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